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MarcinO
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Posts: 5,506
On Friday Pound stopped right on a monster level, so the move up might be done, at least for a while. However, it likes deep W4s testing W2 highs (in a downtrend), so one more impulse to 1.4260-70 won't be any surprise.
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jimkane
Rep: 3,058
Posts: 33,089
My levels below, which I post with the caveat that it may not get to any of them, are:
90.75-91.25
87.50-88.25
84.25
These are all 'center of area', of course.
90.75-91.25
87.50-88.25
84.25
These are all 'center of area', of course.
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jimkane
Rep: 3,058
Posts: 33,089
And then, if things got ugly (I see that as about a 5% chance, at best right now), there is a primo area at around 77.50-77.75. I'm just dreaming. The first area is hit, that's probably it...
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jimkane
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Posts: 33,089
Second area hit. Not quite to the Fib center area, but the lines area hit. It drew the reaction. Let's see.
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rat89
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Posts: 7,015
based on spx 2111 yesterday, IF that is the end of major [2], I would be looking for major [3] around 1615 where [3]=1.62*[2]
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jimkane
Rep: 3,058
Posts: 33,089
Rhetorical question, right?
Originally posted by MarcinO
Are you watching that drop?
80 pips off the area.
Originally posted by MarcinO
That high at 1.4440-50 might be it. This is a very nice area, showing some symetry as compared with LOD level.
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rat89
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Posts: 7,015
that was not very nice...
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Originally posted by jimkane
Die, pig, die!
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jimkane
Rep: 3,058
Posts: 33,089
No offense to any ladies present in the forum, but when I was a young man, I used to dream about Playboy models. I suppose young men nowadays dream about Victoria's Secret models. For me, though, nowadays, I dream that what you are describing unfolds...
Originally posted by rat89
based on spx 2111 yesterday, IF that is the end of major [2], I would be looking for major [3] around 1615 where [3]=1.62*[2]
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jimkane
Rep: 3,058
Posts: 33,089
Yeah, I love animals, but I'm pretty rough on certain types of oinker piggies...
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JaLee
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Posts: 103
It's been a wonderful week for me. I want to thank everybody for their comments and charts and I'm really happy to be included here. This is a breath of fresh air to be with a group like this. Thanks to all for putting up with my "newbie" questions and learning process. Hopefully I can climb the learning curve and be up on the slope where you all are! Everybody have a great weekend and will see you on Monday!